Meituan Dianping suffered from the Covid-19 pandemic in all the ways that investors would have expected: In-person activities got stung, food deliveries stayed relatively resilient and groceries thrived. As a result, revenue dropped and losses widened. What’s surprising is the area where China’s leading delivery and bookings provider benefited most: advertising. Even with business activity decimated, suppliers who rely on ...

Colleges and students in the US are engaged in a game of chicken as the fall semester approaches with no end in sight for the coronavirus crisis. The outcome could radically change the way Americans think about and value a higher education. On one side, institutions want students to sign up and pay tuition deposits, which are coming due. Most ...

An awkward question hangs over the Covid-shuttered world of Downing Street. At his daily morning meeting, Boris Johnson, back to full duties after suffering a serious bout of the virus, recently asked who was in charge of relaxing Britain’s lockdown plan, with all of the risks and uncertainties that entails for a government. “There was just silence,” an insider told ...